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Consolidated Balance Sheets (USD $)
Dec. 31, 2013
Dec. 31, 2012
CURRENT ASSETS:    
Cash $ 960,032 $ 610,439
Retained interest in purchased accounts receivable, net 4,966,338 7,019,463
Due from clients 256,313   
Earned but uncollected fee income 138,480 168,805
Prepaid expenses and other 52,904 100,998
Lease merchandise 8,004   
Total current assets 6,382,071 7,899,705
PROPERTY AND EQUIPMENT, net 58,079 14,257
OTHER ASSETS:    
Intangible assets - patent costs 30,760   
Security deposits 9,485 6,023
Total other assets 40,245 6,023
Total Assets 6,480,395 7,919,985
CURRENT LIABILITIES:    
Due to financial institution 3,240,942 4,977,763
Accounts payable 47,314 86,772
Accrued payroll and related taxes 68,141 69,338
Accrued expenses 55,412 59,252
Collected but unearned fee income 12,328 28,642
Total current liabilities 3,424,137 5,221,767
COMMITMENTS AND CONTINGENCIES      
CONVERTIBLE PREFERRED STOCK, net of issuance costs of $1,209,383 671,409 671,409
COMMON STOCK 4,363 1,863
ADDITIONAL PAID IN CAPITAL 8,545,914 7,496,693
ACCUMULATED DEFICIT (6,165,428) (5,471,747)
Total Stockholders' Equity 3,056,258 2,698,218
Total Liabilities and Stockholder's Equity $ 6,480,395 $ 7,919,985